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Daily Telegraph: RedBird Capital pulls out of deal to buy newspaper
US investment group RedBird Capital has pulled out of a deal to buy the Daily and Sunday Telegraph for £500m. RedBird had a previous attempt to buy the Telegraph rebuffed by politicians as it was majority-funded by Abu Dhabi’s IMI group – which is owned in turn by the Abu Dhabi royal family. A law…
Formula 1 tech used to improve train Wi-Fi on GWR
Laura CressTechnology reporter GWR Some of the Great Western Railway fleet will use a hybrid system including low earth orbit satellites in space to create a more-reliable wi-fi connection A new UK-first pilot scheme is aiming to create fast and more reliable train wi-fi, using technology originally developed for Formula 1 cars. It will see…
Reselling tickets above face value set to be banned by government
Getty Images Reselling tickets to live events for a profit is set to be banned by the government. Ministers are expected to announce the plan in a bid to tackle touts and resale sites which offer tickets at several times’ face value. Restricting ticket touts was one of the Labour government’s election pledges, as fans…
